Ann: Diamond Drill Program Underway at Goodrich Prospect, page-2

Excellent news!

It's been a long time coming and GRL has done a lot of prep work to ensure this drilling campaign has the best possible chance at success.

Between the drilling program at Yeoval (Goodrich, Cyclops, and Yeoval East Prospects; and the Caleua Prospect at Copper Hill East) and the in-fill drilling program at Narraburra, we'll have a steady pipeline of news through until early next year.

MRE upgrade at Narraburra at the end of this year and MRE update at Yeoval early next year.

IMO, it's no coincidence that "insiders" have chosen this moment to position themselves for what comes next. Once we get this cap raise out of the way and digested, the next six to nine months should be a very exciting time for GRL.

Remember, we already have assays from previous drilling at Yeoval waiting to be incorporated into a new MRE (including that juicy thick intersection from GYDD001).

Also, previous assays from the 1990s clearly demonstrate that there is mineralisation at the Yeoval Project (at the Yeoval East Prospect). Unlike previous explorers, GRL will be drilling in the right direction (I.e., into the zone of anomalous copper identified by GRL's recently completed rock-chip sampling program). So we will not be going into this blind. We just have to manage to intersect what previous drilling has shown us is there. (See the excerpt below.)


Excerpt from GRL Ann: Drill Ready Copper Targets Identified at Yeoval East (from 23rd May 2023):

Historically, a shallow drilling and small surface sampling program undertaken in the 1990s identified copper and gold mineralisation, near the recently identified areas of interest. No systematic exploration to follow-up the historical results has previously been undertaken.

Six shallow reverse circulation (RC) drill holes were drilled at Yeoval East in 1994 by previous explorers, the maximum depth was only 72m. Drill hole RC94Y42 was collared nearby to malachite-bearing granodiorite outcropping rocks and reported a best intersection of 21m @ 0.34% Cu & 0.04g/t Au. However, this hole was drilled in the opposite direction from the recently identified zone of anomalous copper in soil and rock chips.


IMO, one good intersection at Yeoval could see GRL SP take off. This is what I've been waiting for. LFB copper/gold porphyry potential is why I got into GRL in the first place.

All IMO, not advice.